OverviewSuggest Edit

Poly, formerly Plantronics, is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

TypePublic
Founded1961
HQSanta Cruz, CA, US
Websitepoly.com
Employee Ratings3.4
Overall CultureD-

Latest Updates

Employees (est.) (Mar 2020)6,584(-12%)
Job Openings145
Revenue (FY, 2020)$1.7 B(+99%)
Share Price (May 2021)$41(+3%)
Cybersecurity ratingCMore

Key People/Management at Poly

Chuck Boynton

Chuck Boynton

Executive Vice President and Chief Financial Officer
Alex Bustamante

Alex Bustamante

Executive Vice President of Global Operations and President of Plamex
Anja Hamilton

Anja Hamilton

Executive Vice President and Chief Human Resources Officer
Darrius Jones

Darrius Jones

Executive Vice President and Chief Strategy Officer and interim Chief Marketing Officer
Navin Mehta

Navin Mehta

Executive Vice President, Global Services
Tom Puorro

Tom Puorro

Executive Vice President, General Manager, Products
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Poly Office Locations

Poly has offices in Santa Cruz, Alpharetta, Andover, Austin and in 45 other locations
Santa Cruz, CA, US (HQ)
345 Encinal St
Alpharetta, GA, US
2475 Northwinds Pkwy suite 200, office 244a
Andover, MA, US
600 Federal St #1st
Austin, TX, US
7700 W Parmer Ln building c 1st floor
Burlington, MA, US
10 Burlington Mall Road 1st floor
Herndon, VA, US
13650 Dulles Technology Dr # 500
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Poly Financials and Metrics

Poly Revenue

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View revenue for all periods
Poly's revenue was reported to be $1.7 b in FY, 2020
USD

Revenue (Q3, 2021)

420.7m

Gross profit (Q3, 2021)

183.9m

Gross profit margin (Q3, 2021), %

43.7%

Market capitalization (7-May-2021)

1.7b

Closing stock price (7-May-2021)

41.0

Cash (26-Dec-2020)

230.1m
Poly's current market capitalization is $1.7 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2020

Revenue

856.9m881.2m856.9m1.7b

Revenue growth, %

(1%)3%(3%)

Cost of goods sold

422.2m439.8m417.8m1.1b

Gross profit

434.7m441.4m439.1m552.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2021Q2, 2021Q3, 2021

Revenue

223.1m216.2m232.9m203.9m210.3m226.5m221.3m483.1m355.7m347.7m420.7m

Cost of goods sold

110.0m105.7m122.8m100.6m102.7m112.4m111.5m330.4m199.4m209.3m236.8m

Gross profit

113.1m110.4m110.2m103.3m107.6m114.1m109.8m152.6m156.3m138.4m183.9m

Gross profit Margin, %

51%51%47%51%51%50%50%32%44%40%44%
Annual
USDY, 2010Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Cash

350.0m277.4m209.3m209.3m228.8m228.8m232.7m232.7m276.9m276.9m235.3m302.0m390.7m213.9m

Accounts Receivable

111.8m128.2m138.3m138.3m136.6m136.6m128.2m141.2m152.9m246.8m

Prepaid Expenses

13.1m15.4m13.7m28.1m

Inventories

53.7m67.4m57.1m56.7m55.5m68.3m164.5m
Quarterly
USDQ3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2021Q2, 2021Q3, 2021

Cash

178.1m204.6m196.7m256.3m246.0m235.5m235.3m268.2m280.4m475.4m304.8m219.1m227.5m244.5m242.5m290.5m303.1m280.3m631.0m291.1m249.8m213.9m230.1m

Accounts Receivable

109.7m108.3m112.7m120.9m123.7m133.4m150.8m140.4m157.3m127.2m139.9m136.4m133.2m136.8m141.3m134.8m139.7m143.9m161.5m354.1m208.7m239.5m315.5m

Prepaid Expenses

16.9m15.9m13.3m13.9m33.3m19.5m57.6m

Inventories

57.8m58.9m66.9m65.3m69.2m66.6m61.0m63.6m57.7m55.9m57.8m55.7m53.9m52.7m58.0m57.6m61.0m64.6m68.1m156.9m177.6m183.6m190.5m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2020

Net Income

109.0m106.4m112.4m112.3m68.4m82.6m(869.0k)(827.2m)

Depreciation and Amortization

13.8m16.2m15.6m18.7m20.1m21.0m21.2m230.3m

Inventories

606.0k(14.8m)1.4m(3.8m)(13.3m)(6.7m)

Accounts Payable

131.0k2.8m(6.3m)(62.0k)5.4m4.4m2.9m(31.8m)
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2021Q2, 2021Q3, 2021

Net Income

54.3m85.2m23.6m49.5m77.7m27.0m23.1m34.4m28.7m27.4m30.4m21.2m17.9m16.3m20.4m20.5m22.2m18.8m38.8m(10.7m)14.5m(72.2m)(75.0m)(88.4m)(68.3m)

Depreciation and Amortization

6.8m10.3m3.8m7.9m12.1m4.1m5.4m10.7m15.9m5.2m87.6m43.4m84.4m124.9m

Inventories

(5.4m)(3.6m)(5.2m)(8.2m)(13.9m)228.0k(2.2m)(5.8m)(9.6m)16.4m(16.0m)(27.5m)(39.9m)

Accounts Payable

(8.9m)(12.3m)(4.5m)(3.9m)1.7m(4.3m)36.8m38.9m33.2m38.4m43.2m39.7m46.8m42.8m40.7m989.0k3.2m2.8m5.7m20.6m12.3m32.9m62.5m
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Poly Operating Metrics

Poly's Customers was reported to be 500 in Q3, 2017.
Q1, 2017Q2, 2017Q3, 2017

Countries

808080

Customers

500500500

Patents Pending

179179179

Products

16 k16 k16 k
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Poly Acquisitions / Subsidiaries

Company NameDateDeal Size
PolycomMarch 29, 2018$2 b

Poly Revenue Breakdown

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Poly revenue breakdown by business segment: 73.1% from Enterprise and 26.9% from Consumer

Poly revenue breakdown by geographic segment: 5.9% from Americas, excluding U.S., 56.3% from U.S., 12.3% from Asia Pacific and 25.4% from Europe and Africa

Poly Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Poly Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Poly Online and Social Media Presence

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Poly Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    D+

    63/100

  • Compensation

    D+

    57/100

  • Diversity

    F

    38/100

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Poly News and Updates

Plantronics Backbeat Pro 2 wireless headphones are $65 off

TL;DR: The audiophile-worthy Plantronics Backbeat Pro 2 headphones are on sale for $133.98, saving you $65.02. Travelers and commuters need headphones that are light enough to slip in a bag, but a tiny pair of earbuds aren't the most responsible choice. (Guess how many people dropped their AirPod…

Highly-Rated Plantronics Wireless Noise Cancelling Backbeat Headphones 36% Off

Highly-Rated Plantronics Wireless Noise Cancelling Backbeat Headphones 36% Off

Plantronics Appoints New Chief Financial Officer

SANTA CRUZ, Calif. – March 11, 2019 – Plantronics (NYSE: PLT), an audio pioneer and unified communications technology leader, today announced the appointment of Mr. Charles (Chuck) Boynton as executive vice president and chief financial officer, effective March 8, 2019. Boynton will report to Plantr…

Lose yourself in the music and save 40% off Plantronics BackBeat PRO 2 wireless headphones at Amazon

No matter where you go, there's just too much noise to enjoy your music or podcast in peace. There's always a loud subway, crying baby on a plane, or a coworker in an open office plan who only eats crunchy snacks. A good pair of noise canceling headphones will take you to your happy place, and now…

Plantronics Announces Upcoming Event with Financial Community

SANTA CRUZ, Calif., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Plantronics (NYSE: PLT) today announced that it will participate in the following conference:

Asia-Pacific Wireless Headsets Market 2013-2018 & 2023: Major Players for the $6.5 Bn Market are Bose, Sony, Plantronics and Sennheiser

DUBLIN, Jan. 21, 2019 /PRNewswire/ -- The "Asia-Pacific Wireless Headsets Market By Type (On-Ear Headsets & Earbuds), By Distribution Channel (Hypermarket/Supermarket, Multi-Branded Stores, Exclusive Stores & Online), By Country, Competition, Forecast & Opportunities, 2013-2023" report..…
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Poly Blogs

Poly Powers STEM Program for Aspiring Astronomers

Poly has a decades-long legacy in aerospace and astronomy – from our headsets on the moon in 1969 to the control room during this year’s Perseverance landing on Mars and NASA’s historic first flight of the Ingenuity Mars Helicopter. Transmitting innovation is in our blood, and we are always looking …

There’s a New Look for Microsoft Teams on Poly Studio X

Being the conduit between you and seamless Microsoft Teams experiences is a role that we don’t take lightly. In fact, it’s something we work tirelessly to improve. When we launched Microsoft Teams on Poly Studio X, it was built around the touch monitor experience, our TC8 controller served as a virt…

Poly Rove Delivers Powerful Zoom Phone Experiences to Your Workforce

Poly and Zoom are on a mission to meet the voice demands of our joint customers worldwide. We’re excited to expand our lineup of Zoom Certified solutions with the addition of the Poly Rove series for Zoom Phone. This series is comprised of two DECTTM handsets, Poly Rove 30 and Poly Rove 40, both of …

Celebrating Four Strong Years of Poly RealConnect Service

This week, we are celebrating four years of Poly RealConnect, our cloud video interoperability as-a-service that connects traditional videoconferencing systems to Microsoft Teams and Skype for Business meetings. Originally launched as an on-premises-based video solution to support Microsoft Lync, Re…

Poly’s Next Generation Products Take Home 5 New Awards

Have we done it again? Hell yeah – Poly smashed the record by winning five awards so far this year. We took home two Red Dot Design Awards, one iF Design Award, and two CompassIntel Spring Awards – and we’re pumped!   Our stylish new Studio P15 video bar, as well as the latest line [...] The post Po…

Taking Action – Poly Shows Support for Anti-Asian Hate Crimes Bill

Today Poly sent a letter to Senator Mazie Hirono (D HI) and Representative Grace Meng (D NY-6) voicing support for their COVID-19 Hate Crimes Act (S. 937 and H.R. 6271). This bill was introduced in response to the rising anti-Asian hate facing Americans following the COVID-19 pandemic. The COVID-19 …
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Poly Frequently Asked Questions

  • When was Poly founded?

    Poly was founded in 1961.

  • Who are Poly key executives?

    Poly's key executives are Chuck Boynton, Alex Bustamante and Anja Hamilton.

  • How many employees does Poly have?

    Poly has 6,584 employees.

  • What is Poly revenue?

    Latest Poly annual revenue is $1.7 b.

  • What is Poly revenue per employee?

    Latest Poly revenue per employee is $257.7 k.

  • Who are Poly competitors?

    Competitors of Poly include Smec, Ikegami Tsushinki and Bose.

  • Where is Poly headquarters?

    Poly headquarters is located at 345 Encinal St, Santa Cruz.

  • Where are Poly offices?

    Poly has offices in Santa Cruz, Alpharetta, Andover, Austin and in 45 other locations.

  • How many offices does Poly have?

    Poly has 59 offices.